The disruptive innovation brought about by FinTech is reshaping the financial industry. FinTech, the fusion of the financial industry and the technology industry, is the catalyst for cross-industry and cross-domain integration, new business model innovations, new rules for competition, and a new data-driven economy. To embrace the challenges and opportunities, the Taiwan FinTech Association (TFTA) was founded in February, 2017 by more than a hundred companies and professionals. Its multifarious members (including financial institutions, FinTech companies, IT companies, universities, research institutions, law makers, formal ministers, and FSC officials) make a collaborative FinTech ecosystem possible. Through this FinTech ecosystem, we hope to stipulate disruptive innovation, share fruits of the innovation, create benign competition, collaborate with other industries, improve capabilities and competitiveness of the Taiwanese FinTech industry.
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